FP7 is now at its half way stage and the Commission approach and policy, especially in the area of financial management, has developed considerably since the start of the Programme. For example, an audit strategy for both FP6 and FP7 has been launched and is being actively implemented. In addition, the various FP7 financial guidelines have been recently updated and a new Financial Regulation is taking shape. There are also discussions on further simplification in FP7.This course is designed to bring participants up to-date with recent changes and developments in the financial management of FP7 projects and to highlight and give examples of good management practice. Where possible, sample templates will be provided.The briefing will be led by John Stringer, a UK Barrister and Internal Auditor and Simon Walker an experienced R&D funding professional. Both speakers have extensive experience of FP7 financial management and are currently advisers to a number of key R&D Networks.The subjects covered will include: sources of reference for the financial rules; funding schemes; eligible and ineligible costs; choice of indirect cost model; working with auditors; financial reporting; good management practices; how to avoid audits. Full details will be sent after your registration.Fees: 300 euro (including materials, buffet/sandwich lunch and refreshments, excluding VAT which has to be charged for all delegates). Numbers are strictly limited, so you are encouraged to book early